The New Deal : A Success At Tackling The American Economic And Social Problems During The 1930 ' S

The United States encountered many ordeals during the Great Depression (1929-1939). Poverty, unemployment and despair clouded the “American Dream” and intensified the urgency for solutions to address and control the nationwide damage. President Franklin Roosevelt proposed the New Deal to detoxify the nation of its suffering. It can be argued that the New Deal was ineffective due to the inability to end the Great Depression with its short-term solutions and created more problems, however; it was successful in regards to providing direct relief for the needy, economic recovery and some structural reform for the majority of the general public in the severity of the Great Depression.

Farmers had been hit a lot harder than most in the 20's and past the

Reform and reconstruction were represented by new regulations and monetary policies, it stressed the importance of change to make understanding principles of, “justice and fairness by those in whom leadership was placed,” and to correct conditions in the economy. (Bolden, 48). Other goals that the New Deal was set to accomplish were: helping the banking industry recover from its failure after the stock market crashed, lowering the unemployment rate from a record high of twenty five percent in 1932, and to restore the hope and confidence of the public. (Appleby, Roosevelt’s New Deal went about all of these in a similar means, but it was condemned and criticized by many for some of the programs that were installed.

After Roosevelt was elected president, one of his first actions was to restore the banking system. The banking crisis can be attributed to risky loans made by the banks following World War One. After the stock market crashed, many Americans rushed to take all of their money out of the banks. The people were gripped with the fear of losing their money, so this forced the banks to shut down. In his inaugural address, Roosevelt “vowed to use federal

The day after his inauguration he right away took decisive action by proclaiming a Bank Holiday and on March 9th Congress passes Roosevelt’s Emergency Banking Act, putting brakes on the continuing of collapsing banks. By the the end of the month almost 3 quarters of them had reopened. For the next eight years, the government created a series of projects and programs, known as the New Deal. The New Deal had the overarching goal of restoring dignity and prosperity to many people, and change the federal government. FDR’s bold initiatives likewise set the stage for the growth of American power to superpower

1935: Works Progress Administration (WPA): The Works Progress Administration was a part of the Second New Deal created by President Franklin D. Roosevelt. The purpose of the WPA was passed to try to gain relief among the American citizen who were affected by the Great Depression and unemployment. The WPA did multiple things such as found jobs for the elderly, employed people without competing with private industries, and funded the works of artists and writers. The Workers Progress Administration is significant because it helped bring jobs back into the lives that had suffered from the Great Depression and gave hope to Americans that the standard of living would begin to get better.

In his inaugural address, President Franklin D. Roosevelt set the tone for the upcoming half century when he confidently said, “The only thing we have to fear is fear itself”. In response to the economic collapse of the Great Depression, a bold and highly experimental fleet of government bureaus and agencies known as Roosevelt’s Alphabet Soup were created to service the programs of the New Deal and to provide recovery to the American people. The New Deal was one of the most ambitious programs in American history, with implications and government programs that can still be seen to this day. Through its enactment of social reform and conservation programs, the New Deal mounted radical policies that gave the federal government unprecedented power in the nation’s economy and society, however, the New Deal did not bring America out of the Great Depression and could be considered conservative in the context of the era, ultimately saving capitalism from collapsing in America.

The New Deal was a specific set of government works programs put into effect by President Roosevelt in response to the Great Depression. The New Deal took action to bring fast economic relief as well as improvements in industry, finance, agriculture, housing, the labor force, etc. The traditional American policy of laissez-faire was opposed in the new democratic promise of the “New Deal”. The majority of the New Deal was enacted in the first couple months of FDR’s presidency, which later became known as the Hundred Days. The first objective was to lessen the hardship of the large amount of unemployed workers in the nation. The Works Progress Administration(WPA) and Civilian Conservation Corps(CCC) were created to establish short term government aid to temporary jobs. The National Recovery Administration (NRA) was created to develop rules to govern trade practices, hours, child labor, wages, and collective bargaining. Also, the New Deal worked to avoid another stock market crash and bank failures.The Federal Deposit Insurance Corporation (FDIC) gave insurance for bank deposits and the Securities and Exchange Commission (SEC) was created to protect the people from stock-market companies committing fraud. An agricultural program , the Agricultural Adjustment Administration (AAA) attempted to raise prices by providing subsidies to farmers to reduce crop production. The New Deal was filled with government works programs to help pull the country out of the Great Depression but,

The Emergency Banking Relief, and the Federal Deposit Insurance Corporation act solved the issue of bad banking. In document 4 it shows a picture of FDR pulling a rabbit titled spending out of a hat and saying “This one rabbit never failed me” and what he did to fix the banks was pump money into them to make them stable once again. This shows that spending did work to make the economy stable again.

FDR's response to this crisis was to create the "New Deal"which is a series of economic measures created to end the worst effects of the depression, give new energy to the economy, and restore the confidence of women and the American people in their banks and other key institutions.

The New Deal was a set of federal programs with the principle of social-welfare liberalism. President Roosevelt was deeply compromised to help the most vulnerable in the ongoing crisis. In second inaugural address he outlines the progress of the New Deal “We have always known that heedless self-interest was bed morals…. Out of the collapse of a prosperity whose builders boasted their practicality has come to the conviction that in the long run economy morality pays.” At some extend President Roosevelt proudly tell the Nation that he was heading to the right direction to progress. Some of the New Deal successful programs that brought relief and dignify living to many Americans were Agricultural Adjustment Act (AAA) a direct governmental regulation of farm economy to resolve the overproduction problem. In the unemployment relief, the Federal Emergency Relief Administration (FERA) that provided federal funds for state relief programs. Public Works Administration (PWA) a construction program that lead to Civil Works Administration (CWA) that provide work for more than 4 million Americans repairing, building, and constructing America's infrastructure. The Civilian Conservation Corps (CCC) that mobilized young men to do reforestation and conservation work helping their family’s income and the country reservation. In 1935 in housing issues Works Progress Administration (WPA) Home Owners Loan Corporation (HOLC) that help many Americans keep their

President Roosevelt created the New Deal, which consisted of recovery, relief, and reform programs in order to combat the Great Depression. People called these programs, known as ABC agencies, by their abbreviations. In the illustration the politician states, “It is evolution, not revolution, gentlemen!” (Document C). This demonstrates that although Roosevelt’s New Deal was radical, numerous Americans thought there were too many agencies and it became extremely confusing to keep up with the immense number of them. Additionally, some of the programs were failures because they did not stimulate economic growth. As a result, the government terminated several of the agencies to reduce federal

As soon as Franklin Roosevelt came to power, he was quick to react to the countries needs. The text states, “Swift legislation regulated the stock market and the banking system, improved the agricultural economy, and introduced a social security program” (“Great Depression”). Franklin Roosevelt was swift in recognizing the problems facing the country and attempted to solve the issues. His legislation focused on securing the economy and beginning to built back up the trust between the government and the American people. It was successful, to an extent. People did begin to trust the government again but economic decline would not stop immediately. There were signs of progress; From 1933 to 1938 the economy experienced growth. Unemployment fell and national income increased (Jeffries). This statistic shows that New Deal reforms had some positive impact on the economy. They also succeeded in restoring confidence to the average person which was extremely important at the time. This statistic does not, however, reflect that this growth was very small relative to the growth experienced during World War II. New Deal policies failed to ever achieve enough economic growth to push the nation out of the depression. Another cornerstone of the New Deal was its campaign to make life more safe. The New Deal worked to make life less risky, and in a sense it did through acts

The New Deal had a variety of programs that proved to be effective during the Great Depression. While some of them failed or were ruled unconstitutional many succeeded in helping the economy whether it was temporarily or permanently. The programs were made for many different problems and tried to find a solution, some provided direct work for the unemployed. One of these programs was known as the TVA which stands for the Tennessee Valley Authority. A chart on the New Deal Legislation describes each policy including the TVA, CCC, and WPA. It created public corporations that would construct dams and power projects. (Document 3). Two of the other programs that helped with unemployment were the Civilian Conservation Corps (CCC) and the Public Works Administration (WPA) which employed 8 million people by creating public works projects. (Document 3). In fact, two programs are still in effect today: the Tennessee Valley Authority(TVA) and the Federal Housing Administration (FHA) (Document 3). The programs that helped to employ people throughout the nation helped with unemployment which led to people buying more products which put money back into circulation because the more people bought the more employees they needed. Also because of the New Deal unions became stronger. During a song named “Songs and Yells of Steel Workers” the lyrics say, “We’re

The Success of the New Deal in Solving the Problems Caused by the Great Depression